diff --git a/erpnext/__version__.py b/erpnext/__version__.py
index 3a243f5..b994a33 100644
--- a/erpnext/__version__.py
+++ b/erpnext/__version__.py
@@ -1,2 +1,2 @@
 from __future__ import unicode_literals
-__version__ = '5.3.0'
+__version__ = '5.3.1'
diff --git a/erpnext/hooks.py b/erpnext/hooks.py
index 811e4c0..3a1a51e 100644
--- a/erpnext/hooks.py
+++ b/erpnext/hooks.py
@@ -27,7 +27,7 @@
 """
 app_icon = "icon-th"
 app_color = "#e74c3c"
-app_version = "5.3.0"
+app_version = "5.3.1"
 github_link = "https://github.com/frappe/erpnext"
 
 error_report_email = "support@erpnext.com"
diff --git a/setup.py b/setup.py
index 020dfa3..8e50ecd 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 from setuptools import setup, find_packages
 
-version = "5.3.0"
+version = "5.3.1"
 
 with open("requirements.txt", "r") as f:
 	install_requires = f.readlines()